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Principles of Management Learning Session # 14 Dr. A. Rashid Kausar
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Re-cap of Session # 13
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21st Century Trends And Issues
Globalization: All organizations are faced with the opportunities and challenges of operating in a global market, no longer constrained by national borders.
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Understanding The Global Environment and WTO
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Regional Trading Alliances
Global competition is influenced by regional trading and cooperation agreements. EU SARC NAFTA ASEAN
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European Union (EU)
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Goals of the EU Eliminate existing barriers between countries
Create a single market among the 15 member countries Eliminate existing barriers between countries
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Regional Trading Alliance
The European Union - created by Maastricht Treaty in A unified economic and trade entity. 2.A single market without barriers to travel, employment, investment, and trade.
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Regional Trading Alliance
3.Economic and Monetary Union (EMU) Euro - common currency 4.Asertion of economic power 5.Created one of the world’s richest markets
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Goals of NAFTA 1.Promote liberalized trade, not free trade
Create a U.S., Canadian, and Mexican trade zone 1.Promote liberalized trade, not free trade 2.Increase efficiency and customer satisfaction
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Regional Trading Alliance
Association of Southeast Asian Nations (ASEAN) 1.Alliance of 10 Southeast Asian nations 2.Created in one of the fastest growing economic regions in the world 3.Could compete NAFTA and EU
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ASEAN Members
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The “Greening” Of Management
Definition Recognition of the close link between an organization’s decisions and activities and its impact on the natural environment.
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POLCA Functions
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P For Planning
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fail to Plan, You are … Planning to Fail !
If You … fail to Plan, You are … Planning to Fail !
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All the Flowers of the Future are the Seeds of Today !
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Do U want To go Anywhere Or Somewhere ?
Question ? Do U want To go Anywhere Or Somewhere ?
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Get a Plan I played with life like a game
To find life would be but the same I wondered why at the end of each day Nothing worthwhile had come my way. Then I decided to get myself a Plan And told myself “ I Can” Sure enough it happened on that day Everything started to come my way. Now you can do the same as me For that matter so can any body Simply get yourself a Plan And tell yourself “ I know I can “.
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Is in Advance Decision Making
Planning Is in Advance Decision Making
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DECISION MAKING: THE ESSENCE OF THE MANAGER’S JOB
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Alice in Wonderland and the Clever Cat
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Going Nowhere, Will Usually … Get There !
A Person … Going Nowhere, Will Usually … Get There !
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If You don’t Stand for something You ‘ll Fall for any thing !
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DECISION MAKING DECISION TAKING THE JOB OF THE MANAGER
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